🚀Private Equity Had a Loco 2020 (Short High Multiples)🚀

Earlier this week Bain & Company released its annual private equity report. Bain summed things up like this:

It was a year of massive disruption—and private equity emerged unscathed.

It might be worth tacking on a “for now” to the end of that sentence.

TO READ THE REST OF THIS PIECE, YOU MUST BE A MEMBER.